IAS 7 STATEMENT OF CASH FLOWS

Statement of cash flows governed by ......

• IAS 33

• IAS 12

• IAS 7

• IAS 16

The major activities highlighted by Statement of Cash flows international standards are....

• Operating Activities

• Investing Activities

• Financing Activities

• All the above

The following are the elements to adjust the noncash flow items except.....

• Depreciation

• Loss on disposal

• Finance cost paid

• Finance cost incurred

The following are deemed to be cash and cash equivalents as per the standards except

• Cash

• Money in bank

• 3 months fixed deposits

• Long term investments

Dividend paid is part of the .....

• Financing activities

• Operating activities

• Investment activities

• None of the above

Increase in receivables will be shown in ........

• Financing Activities

• Investing activities

• Movement in working capital

• None of the above

Cash and cash equivalents at 31st March 2018 = $ (40,000) and 1st April 2017=$135,000. How much is the movement in cash flow for year ended 31st March 2018?

• Increase $ 175,000

• Decrease $ 175,000

• Increase $95,000

• Decrease $95,000

Inventory at 1st January 2018 = $ 60,000 and movement in inventory in SOCF shows ($20,000). What is the inventory as at 31st December 2018?

• $40,000

• $100,000

• $140,000

• $80,000

Issue of debentures, Redemption of debentures, issue of shares and dividend payment will be shown in ......

• Adjustments for

• Investing activities

• Financing activities

• Operating activities

What is the relevant workings need to shown to compute profit or loss before tax ?

• Tax ac

• Retained earnings ac

• Profit before tax ac

• Non of the above